WestJet
TSX : WJA

WestJet

March 05, 2008 08:30 ET

WestJet Announces a Record February Load Factor of 82.8 Per Cent

Airline's strong results continue with increased capacity and growth in revenue passenger miles

CALGARY, ALBERTA--(Marketwire - March 5, 2008) - WestJet (TSX:WJA) today announced February traffic results with a record load factor of 82.8 per cent. This was accompanied by a capacity increase of 18.2 per cent, measured in available seat miles, and an improvement in revenue passenger miles of 19.0 per cent.

"Our February load factor of 82.8 per cent marks 14 consecutive months of record load factor. Our seasonal capacity deployment strategy, strong sales for WestJet Vacations, growing network connectivity and continued focus on delivering an exceptional guest experience are key factors in WestJet's leading, and continually improving, performance," said Sean Durfy, WestJet President and CEO. "Through the challenging winter weather, our WestJetter's delivered record results demonstrating that their commitment to our great guest service remains as strong as ever. I am proud of our culture and each WestJetter who lives our values daily."



February 2008 Traffic Results

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Per cent
February 2008 February 2007 change
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Load Factor 82.8% 82.3% 0.5 pts.
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Available Seat Miles (ASM) 1.277 billion 1.080 billion 18.2%
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Revenue Passenger Miles (RPM) 1.058 billion 0.889 billion 19.0%
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Year-to-date Year-to-date Per cent
2008 2007 change
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Load Factor 79.4% 78.9% 0.5 pts.
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Available Seat Miles (ASM) 2.634 billion 2.253 billion 16.9%
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Revenue Passenger Miles (RPM) 2.092 billion 1.779 billion 17.6%
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"With February's significant improvement in year-over-year RASM it is shaping up to be a strong first quarter," commented Sean Durfy. "We are confident that the recent addition of Quebec City to our 2008 summer schedule will be a popular destination for Canadians, while providing the people of Quebec with increased access to our high-value low-fare guest experience."

This disclosure may contain forward-looking statements and are subject to, and may be affected by, numerous risks and uncertainties, some of which are beyond WestJet's control. WestJet's results may differ materially from those expressed in or implied by such statements. Factors that could cause or contribute to these differences include, but are not limited to: changes in government policy, exchange rates, interest rates, disruption of supplies, volatility of fuel prices, terrorism, general economic conditions, the competitive environment and other factors described in WestJet's public reports and filings. Forward-looking statements are subject to change and WestJet does not undertake to update, correct or revise any forward-looking information as a result of any new information, future events or otherwise.

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